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Nike Got Downgraded: Can the Iconic Brand Ever Recover?
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Nike Got Downgraded: Can the Iconic Brand Ever Recover?
Key PointsNike shares have declined by 68% in the past five years.New research from Piper Sandler has downgraded Nike stock.For its most recent quarter, the company reported a 7% year-over-year sales decline in the crucial China market -- and expects bigger declines in the next three months.10 stocks we like better than Nike › Once renowned for its world-leading brands and stylish athletic designs, Nike (NYSE: NKE) has become a poster child for …
·Alexandria, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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